APPLE CEO CHANGE
Tim Cook cites three reasons for stepping down as Apple CEO after 15 years
Tim Cook is stepping down as Apple CEO. John Ternus will take over on September 1. Cook described it as a planned succession. He will remain as executive chairman. Ternus highlighted artificial intelligence as a major opportunity for Apple. Cook will focus on global government and geopolitical relationships.
US Stock Market: Apple’s next chapter hinges on AI push under new leadership
Apple Inc. enters a new phase as incoming CEO John Ternus bets on integrating AI into its ecosystem, with future growth hinging on execution in an increasingly competitive AI landscape.
Infosys weighs CEO change; Groww's Lalit Keshre on next growth bets
Happy Wednesday! Infosys is set to discuss CEO Salil Parekh's tenure and a succession roadmap as it reports Q4 results. This and more in today's ETtech Morning Dispatch.
Apple's new CEO John Ternus steps into the spotlight after flying under the radar for years
Apple has named long-time hardware chief John Ternus as its next CEO, succeeding Tim Cook in September. Ternus, a 25-year Apple veteran who has led engineering for key products like the iPhone, iPad and Mac, will take charge as the company faces mounting pressure to strengthen its position in artificial intelligence.
Apple’s Tim Cook takes on crucial new role: Global ambassador
Tim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers worldwide amidst US-China trade friction and rising geopolitical tensions. Cook's experience in building Apple's China operations and his relationship with Donald Trump will be crucial. He faces challenges in India and with evolving supply chains.
Apple's Ternus era hints at renewed hardware focus, AI growth push
Ternus, a 25-year veteran who has overseen development of key products including multiple iPhone generations, will take the helm in September, succeeding Tim Cook after more than a decade of strong growth that saw Apple's market value swell to around $4 trillion.
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As Tim Cook steps down as Apple CEO, what he did for Trump goes viral — here’s the breakdown and how the President responded
Tim Cook Trump viral moment: As Tim Cook transitions to Executive Chairman, his past interactions with Donald Trump are gaining renewed attention. Their relationship, marked by tariff negotiations and a viral "Tim Apple" nickname, significantly shaped Apple's strategy. Cook's continued policy engagement offers investors continuity amid geopolitical and economic uncertainties.
Tim Cook's farewell letter had some magnificent lessons; here's why you shouldn't miss them
Tim Cook's farewell letter: Apple is entering a major leadership transition as Tim Cook steps down after nearly 15 years as CEO. In his farewell letter, Cook reflected on his journey, calling his leadership an “honor and privilege” while highlighting deep connections with Apple users worldwide. John Ternus, a long-time hardware executive, will take over as CEO in September.
Why US stock market suddenly crashes today? Dow Jones, S&P 500, Nasdaq fall after opening higher as rally fades and risks return
Why US stock market suddenly crashes today? US stock market today is flashing a sharp reversal signal. The Dow fell 78 points. The S&P 500 dropped over 22 points. The Nasdaq lost more than 60 points within hours. This sudden fall comes after an early rally attempt failed to hold. Rising oil prices above $88 WTI and $96 Brent are driving fresh inflation fears. Dow Jones Industrial Average, S&P 500, and Nasdaq Composite are reacting to this pressure. Strong retail sales of 1.7% are not helping sentiment. High fuel costs are pushing inflation higher instead. At the same time, rising US-Iran tensions and oil supply risks are shaking confidence.
Apple shares fall as Tim Cook steps down as CEO
Apple shares fell after CEO Tim Cook announced transition to John Ternus, signaling shift toward product engineering and AI focus, while Cook becomes executive chairman. Markets reacted cautiously despite stable succession and Ternus’s strong internal reputation with long term outlook
Apple CEO Tim Cook steps down; HCLTech Q4 report
After 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.
Apple's post-Cook future hinges on whether Ternus can ignite AI growth
John Ternus takes the helm at Apple, facing a critical juncture. The company must now integrate its strong hardware background with artificial intelligence to maintain its growth trajectory. Investors are watching closely as Apple navigates AI competition and policy shifts. New product launches are anticipated to bolster Apple's offerings under Ternus's leadership.
From hardware boss to CEO: Apple bets on longtimer John Ternus to 'click' new growth chapter
Apple is set for a major leadership change. Tim Cook will transition from CEO to executive chairman in September 2026. John Ternus, currently head of hardware engineering, will take over as the new CEO. Ternus has a long history at Apple, contributing to key product innovations. Cook's tenure saw significant growth and expansion for the company.
US Stock Market: John Ternus takes the helm as Apple prepares for post-Cook era
Apple CEO Tim Cook is stepping down after 15 years. John Ternus will take over as CEO. Cook will become executive chairman. This leadership change comes as Apple faces industry shifts. Investors are watching closely. The company saw massive growth under Cook's leadership. This planned handover aims for continuity.
Meet John Ternus: The Apple insider taking over as CEO from Tim Cook
Apple has appointed John Ternus, a seasoned hardware chief, as its next CEO, succeeding Tim Cook. Ternus, who joined Apple in 2001 and has overseen key hardware innovations like the iPhone Air, will take the helm on September 1. This leadership transition occurs as the company faces industry shifts driven by artificial intelligence.
US Stock Market: Johny Srouji to lead unified hardware team as Apple prepares for leadership transition
Apple is restructuring its hardware organisation by merging the engineering and technologies divisions into a unified leadership model. The company will split operations into five core areas, aiming to streamline development across key products. The move also signals major leadership changes, with expanded roles for senior executives and a clearer succession path.
Apple names insider John Ternus as CEO, Tim Cook to become executive chairman
Apple on Monday named long-time executive John Ternus as its next chief executive officer, marking a leadership change as the company prepares for a major shift in the technology industry driven by artificial intelligence. Current CEO Tim Cook will move to the role of executive chairman after overseeing Apple’s rapid growth for more than a decade.
Tim Cook’s 15 years as Apple boss marked by profit absent awe
Tim Cook, succeeding Steve Jobs 15 years ago, guided Apple to a $4 trillion valuation by expanding digital services and hardware like Apple Watch and AirPods. Despite challenges like the scrapped "Titan" project and Apple Maps errors, Cook's leadership saw significant growth, though competition and regulatory scrutiny persist.
Apple stock slips as Tim Cook steps down after 15 years, John Ternus takes charge as new CEO
Apple stock dipped slightly after Tim Cook announced he will step down as CEO and move to a new role. John Ternus will take over leadership at the company. Investors are watching how this change will impact Apple’s future growth, products, and AI plans. The company remains strong, but the leadership shift has created short-term uncertainty in the market.
Tim Cook to step down as Apple CEO: Read his memo to employees
Apple's long-serving CEO Tim Cook is transitioning to executive chairman later this year. John Ternus will assume the CEO role on September 1, 2026. This leadership change follows a planned succession. Cook's departure marks a significant moment for the tech giant. Ternus is set to continue Apple's focus on innovation and core values.
Apple's Tim Cook to step down as CEO in September
Tim Cook is stepping down as Apple CEO in September, with John Ternus taking the helm. Cook will transition to executive chairman after a successful tenure expanding Apple's product line and value. The announcement comes as Apple faces pressure to innovate in artificial intelligence, with investors watching Ternus's leadership closely.
Apple to focus hardware team on five areas under Johny Srouji
Apple's hardware division sees a major restructuring under new chief hardware officer Johny Srouji. The combined hardware engineering and technologies teams will now operate across five key areas: hardware engineering, silicon, advanced technologies, platform architecture, and project management. This move aims to simplify operations and boost innovation for key products like the iPhone and Apple Watch.
Apple CEO Cook is lauded by investors as he prepares for new role
Apple CEO Tim Cook will step down after nearly 15 years, with hardware chief John Ternus taking over. Cook, 65, will transition to executive chairman on September 1. Under his leadership, Apple's market capitalization surged and revenue quadrupled, with the company now preparing for AI-driven industry changes.
Who is John Ternus? Know all about Apple's engineer-turned CEO - Age, Net Worth and More
Apple Inc. has appointed John Ternus, a seasoned hardware chief, as its next CEO, succeeding Tim Cook who will transition to executive chairman. Ternus, with over two decades at Apple, has been instrumental in developing key products like the iPhone and Mac. This leadership change occurs as the tech giant navigates significant industry shifts driven by artificial intelligence advancements.
Waiting for your tax refund? IRS reveals schedule and tracking tool for taxpayers
The IRS has introduced a new online tool to help taxpayers track refunds and manage payments easily. Many Americans are waiting for their tax refunds and using them for daily needs. The tool also supports payment plans and guidance. Missing deadlines can lead to penalties. The system aims to make tax refund tracking simple, clear, and stress free for users.
Berkshire CEO Abel sold stocks managed by ex-portfolio manager Combs, WSJ reports
Berkshire Hathaway CEO Greg Abel has divested stocks once overseen by Todd Combs. Combs departed Berkshire in December for JPMorgan Chase. This move signals a significant shift in Berkshire's investment portfolio under Abel, who took over as CEO in January. Warren Buffett continues as Chairman. Berkshire is expected to reveal more details on its equity holdings soon.
TCS declares Nashik WFH; Wipro Q4 results
Tata Consultancy Services has moved staff to work from home amid an ongoing investigation at its Nashik office. This and more in today’s ETtech Top 5.
Doug Field, Apple and Tesla veteran, quits as Ford’s EV, tech chief
Doug Field, a former Tesla and Apple executive leading Ford’s EV and tech efforts, will leave next month after nearly five years. Hired to modernise the automaker, he drove cultural and talent shifts despite EV setbacks. Ford is restructuring teams as it prepares major product and technology launches in coming years.
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